“WASHINGTON (AP) — A campaign fundraising report shows Republican presidential dropout Mitt Romney lent himself $7 million last month. That means Romney spent more than $42 million of his personal fortune on his failed campaign,” writes Jim Kuhnhenn in an Associated Press transmission titled Romney Lent His Campaign $7M in January

The former venture capitalist and Massachusetts governor finished January with nearly $9 million in the bank. But more than $3 million of those funds must be returned to donors because they were earmarked for the general election […]

His campaign reported to the Federal Election Commission yesterday that he loaned his campaign $6.95 million during January to reach that total.

The former Massachusetts governor’s total self-financing puts him ahead of Steve Forbes, the publisher who spent $38 million on his unsuccessful run for the GOP nomination in 1996, but shy of the $63.5 million that H. Ross Perot spent on his 1992 third-party presidential campaign.

Romney’s total loan also equates to about $167,000 for each of the 253 delegates he won before suspending his campaign. By suspending his bid, Romney, who made an estimated $250 million as a venture capitalist, can keep raising money to possibly pay himself back.

Romney also reported raising $9.7 million last month, bringing his campaign total to $63.6 million.

That total is appreciably more than that raised by John McCain, the presumptive Republican nominee whom Romney endorsed last week. McCain received contributions totaling about $49 million and borrowed nearly $4 million more by the end of last month.

During January, McCain raised $11.7 million and borrowed $950,000, his campaign reported to the FEC. After he emerged as the front-runner, he raised nearly twice as much in January than during the previous three months combined […]

Conclusion: Romney dominated the field with his own money and his fund raising prowess. Yet he still failed. More evidence of Romney’s preposterously low ROI for his every campaign dollar.

Rush Limbaugh declared that McCain was not conservative and unacceptable as a candidate. Formerly respectable conservative figures took delight in criticizing McCain’s war record—yes, his war record—by tallying up the number of planes he had lost in combat. Ann Coulter and James Dobson, a social conservative leader and head of the Focus on the Family organization, declared McCain so indistinguishable from Hillary Clinton, the featured villainess in any conservative drama, that they would vote for her or stay home.

In short the McCain villifiers doubled down on their bet that they could derail McCain and lift their favored alternative, Mitt Romney, to victory.

Then the voters had their say. McCain racked up victories from California to New York to Missouri. Romney was pretty much relegated to Utah and Massachusetts, two more home states to go along with his Michigan win. Mike Huckabee, also the object of talk show and blogger derision (for, among other grave offenses, raising taxes to build schools and allowing children of illegal immigrants access to college scholarships) had a fine night, taking a batch of southern states.

The talk-show conservatives who were so successful in riling the conservative opposition to immigration reform in 2007 proved to be the flimsiest of paper tigers. Their shouted directions to the conservative foot soldiers, and their warnings of the dangers of a McCain presidency, were ignored.

They did their best to boost Romney, who had striven mightily to endear himself to this crowd, but the voters shrugged and rejected him overwhelmingly. Had Romney not changed residences so often he might have been shut out of the primaries entirely […]

[…] [Limbaugh, Coulter, Dobson et al] might threaten to withhold support for McCain, but does it even matter at this point? Will voters listen to that marching order when they did not follow previous voting advice?

McCain cannot, in what will likely be a close election, entirely ignore the possibility. But something has clearly changed. The façade of influence, the illusion of electoral importance that these conservative pundits previously held, is gone. They can raise issues, jam the White House switchboard and scare timid politicians. When the chips are down, though, they cannot determine elections. Voters, who base their decisions more on common sense than extreme ideology, get to do that […]

We concur. Well, for those most part. But, sadly, there is evidence to suggest that the radio talkers and conservative celebrities were beginning to affect attitudes about Sen. McCain. Here be evidence for our claim, as provided by the estimable John Dickerson in a slate.com article titled McCain Not Stopped; But Romney is not seen as a true conservative:

[…] Exit polls nevertheless show that McCain’s problems with conservatives run deep. He lost among conservatives in almost every state except Connecticut and New Jersey, where he split them evenly with Romney. McCain also lost conservatives even in the states he won. Conservatives went for Romney in New York and Illinois. “Hard to do well with conservatives when everyone with a microphone is beating hell out of us,” says a top McCain aide. While the conservative voices weren’t enough to stop McCain, or to elect their guy, tonight they were enough to bruise him […]

Now with Romney promising to hold out and fight until the convention, and even attempt to turn around promised but not-officially-bound delegates, we can expect the voices of Limbaugh, Coulter, Dobson et al to grow louder, more dire, and more shrill. See:

“MINNEAPOLIS — Republican hopeful Mitt Romney said Sunday he was counting on the ‘voices of conservatism’ and a non-binding caucus in Maine to propel him to within fighting distance of frontrunner Sen. John McCain, who has opened a double-digit lead in polls before Tuesday’s pivotal votes,” writes Andrea Stone in a USA Today article titled Romney courts ‘voices of conservatism’

Speaking on ABC’s This Week, Romney said his win in Maine “shocked” McCain, who had been endorsed by the state’s senators, Olympia Snowe and Susan Collins, both widely viewed as moderate Republicans. The results showed Republicans were “staying in the house that Reagan built,” Romney said.Romney reiterated a litany of McCain positions he says are out of the mainstream of their party, including votes against drilling for oil in the Arctic preserve and President Bush’s tax cuts and for campaign finance bills and “amnesty” for illegal immigrants.

Asked about the McCain campaign accusations that he has changed positions on issues such as a 50-cents-a-gallon gas tax that Romney now rails against at campaign stops, the former Massachusetts governor rejected what have now become familiar charges of flip-slopping.

“They have stretched, twisted and completely walked away from the truth,” Romney said […]

Truth? Just what is the truth to a person like Romney?

Here is the problem for Romney: Romney’s icy-cold persona and ultra-high negatives cannot support a negative message. Romney’s own poll numbers crash whenever he does so. Yet here is, again, in person, attempting to slime McCain at the expense of whatever slim chances the GOP may have had in November against Senators Clinton or Obama.

Say for the sake of argument that Romney succeeds in driving up Sen. McCain’s negatives to the point that Sen. McCain is no longer viable. History would predict that the result would be equally disastrous for Romney. This is because whenever Romney lurches to the right, he alienates the very moderates and independents that comprise Sen. McCain’s coalition of voters. Yet Romney will need those very voters—voters Romney has ridiculed for not being real Republicans—in the general election. See:

In other words Romney’s fight is not with Sen. McCain. Romney’s fight is with the GOP itself.

[…] While McCain has racked up endorsements from governors and other high-profile Republicans on a wholesale basis since his Florida victory, the conservative commentariat of radio and TV have rallied to Romney. Long-time fan Rush Limbaugh was joined this week by Fox News personality Sean Hannity and right-leaning radio talkers Laura Ingraham and Lars Larson. Conservative commentator Ann Coulter went so far this week to say that if McCain, who has angered conservatives with his stands on immigration, taxes and other issues, were the GOP nominee, she would vote for Sen. Hillary Clinton.

” I don’t think you can buy as much advertising” as radio talk show hosts have provided for free, he said […]

Not entirely for free. Romney’s Bain Capital acquired Clear Channel—the carrier of conservative “voices” like Rush Limbaugh—over a year ago.

Romney said he was winning the “battle for the heart and soul of the Republican Party,” the “house Reagan built.” (He’s still invoking Reagan.) Romney boasted of the conservative commentators “coming out for me in record numbers.” Which begs the question, what is the old record which he claims to be breaking? Also, how many of these commentators are supporting him and how many are trying to flex their muscles concerning McCain?

Romney pointed out that McCain’s positions on ANWR, BCRA, immigration, and global warming “cause many conservatives to rally to my camp.” Is this a big Romney rally or a STOP MCCAIN fest?

Romney did allow that he and McCain agree on Iraq. (But he moved to McCain’s position, not v/v.)

Wallace asked Romney about his support for a cap and trade program to reduce carbon emissions, and Romney accused McCain of twisting his position around. Yes, though, he said that he did support cap and trade.

Romney launched waves of attacks into McCain and McCain’s positions as characterized by Romney.

This was Romney knowing that the numbers do not look good for him right now trying to draw sharp distinctions between his rival and himself. It would have worked better, I think, if he could have focused on a few areas at a time, rather than a general broadside, but time is short. We’ll see how this plays on Tuesday […]

[…] ROMNEY ON CNN. Mitt Romney was Wolf Blitzer’s first guest on CNN’s Late Edition this morning; Romney was in Minnesota. Blitzer pointed out that McCain blames Romney for the nastiness in this campaign. Romney said that he attacks only on issues, while McCain got personal in Florida. He said that he was not going to talk about that. (Romney’s stance vis-à-vis the surge is oriented toward an issue. Romney promised that he would keep mentioning that John McCain had repeated reports that Romney had talked of a timetable for withdrawal.)

Romney said that McCain’s “lack of understanding of the economy” was bad for the country, adding that we have to have someone who has had a real job in the private sector in the Oval Office. (That is a personal attack on the former chairman of the Senate Commerce Committee.)

Romney belittled “reaching across the aisle” and “making political deals.” He said that he is a man of action, of getting things done.

Comment: Say what!? How does one “get things done” if one sorely lacks the political skill necessary to build coalitions? For more on this melancholy theme see:

Romney said that McCain-Feingold hurt the Republican Party (it didn’t) and McCain-Kennedy granted amnesty to oodles of illegals (it didn’t even pass). He said that the Florida primary was close, “only a few points.” (Five points is a big win.) He said that conservatives were rallying behind him as a way to stop John McCain, which is why he won the uncontested caucuses in Maine at which no delegates were awarded. (Maine is a bastion of conservatism, electing Senators Collins and Snowe, both of whom endorsed John McCain after co-chairing his exploratory committee last year.)

Blitzer pointed out that polls show McCain beating Hillary and Obama with Romney losing. Romney claimed that the polls swing wildly.

Romney repeated that with our economy “struggling,” we need to elect someone who has held a “real job.” He compared himself again to Ronald Reagan […]

“According to the non-partisan Michigan Campaign Finance Network, Romney spent $2 million in an ad campaign lasting for about the past month, compared to McCain’s $744,000 over the last ten days, and Huckabee’s $484,000 in the past week,” writes Eric Kleefield in a TPM ElectionCentral.com post titled Analysis: Romney Outspent Michigan Competitors In A Big Way

Romney spends more on paid media in MI than either of his principal rivals combined. Yet Romney ekes out a narrow victory in a state that he calls his own. Yet more evidence of Romney’s risibly low ROI for his every campaign dollar.

But the real cost of Romney’s MI campaign is the check that he issued that can never be cashed. That check is Romney’s super-preposterous, atavistic promise to nationalize the US automobile industry. And it is a cost that Romney will never have to pay. That bill goes to the US taxpayer.

After humiliating defeats in Iowa and New Hampshire, Romney in Michigan finally develops a winning formula. It is a formula consistent with Romney’s risibly low ROI as it allows the hapless candidate to offload his astronomical costs on others. It is simply this: political spoil in its most primitive form. It takes this shape: Promise key sectors of the economy unlimited subsidies from the public treasury.

“MANCHESTER, N.H. – The battle between Mitt Romney and John McCain in New Hampshire’s Republican primary took a significant turn yesterday as Romney unveiled his first television advertisement attacking McCain’s record,” writes Michael Kranish, with the apt and able assistance of Michael Levenson in a Boston Globe article titled Attacking McCain seen risky for Romney

But the strategy entailed significant risks, possibly turning voters against both candidates and toward another contender, analysts said.

Romney’s negatives are preposterously high, higher than McCain’s. We discuss what it means for someone with high negatives to go negative on an opponent with lower negatives here:

The ad calls McCain “an honorable man,” but questions whether he is “the right Republican for the future.” It says McCain favored amnesty for illegal immigrants and opposed President Bush’s tax cuts. McCain, who has revised his immigration proposal and later supported the tax cuts, laughed off the ad as the move of a candidate in a tailspin.

“I was encouraged because it was very clear that Governor Romney attacks when people are catching up with him,” McCain said at a news conference shortly after arriving in Manchester yesterday. “I understand why he is talking about the future, since he spent most of his time running away from his past.”

Last night McCain struck back at Romney, releasing a television commercial that quotes some stinging editorials this week about his opponent. Most prominently, the ad quotes the Concord Monitor editorial published on Sunday that urged voters to reject Romney, saying, “If a candidate is a phony . . . we’ll know it.” The ad also quotes the New Hampshire Union Leader saying that “Granite Staters want a candidate who will look them in the eye and tell them the truth. John McCain has done that . . . Mitt Romney has not.”

By using the words of newspaper editorial writers instead of an anonymous announcer, McCain is hoping to add a tone of credibility and authority to his advertisement.

In response, Romney defended his ad and blasted McCain’s.

“We worked very hard to make sure it was accurate and honest and looks at contrasting issues,” Romney told reporters on his campaign bus in Iowa. “I begin the ad by indicating he’s an honorable man. I believe he is, and a good person. I make no attacks on his character. I make no attacks of a personal nature whatsoever.

“I’ve just seen the text of his ad,” Romney added. “It’s obviously of a very different nature. It’s an attack ad. It attacks me personally. It’s nasty. It’s mean-spirited. Frankly, it tells you more about Senator McCain than it does about me – that he’d run an ad like that” … etc.

Let us pass in review. Romney attacks Sen. McCain. Sen. McCain strikes back only harder. And Romney cries foul? On what possible grounds does this primped, preened, powdered, and pampered little man—a man who would be a complete non-entity were it not for his wealth and life of privilege—believe that he is entitled to lie about and abuse others with impunity?

Back to Kranish:

… David Carney, a New Hampshire political consultant who is not allied with any presidential campaign, said that Romney’s strategy is risky because, even if it turns voters against McCain, it might also turn them against Romney.

“If the ad is so successful it gets people to decide not to vote for McCain, it is highly unlikely they will go to Romney,” Carney said. “In a multicandidate primary race, it doesn’t help the attacker.”

Nonetheless, the ad is reminiscent of one of the most famous ads in the history of the New Hampshire primary, in which George H. W. Bush in 1988 attacked his rival, Senator Bob Dole, as “Senator Straddle.”

Andrew Smith, director of the University of New Hampshire Survey Center, which conducts polls for the Globe, said it is unclear whether the Romney ad will be effective because McCain has built up his reputation as a straight talker, which Smith said many voters respect “even if they disagree with him.”

Our conclusion: Romney believes that the GOP nomination is rightfully his. And why not?—he bought and paid for it. Therefore: Romney has demonstrated himself willing to destroy the characters and reputations of his rivals. Our question: How soon—and in what specific form—will the anti-Romney backlash suddenly appear?

In the midst of criticizing Obama and other Democrats on foreign and economic policy Tuesday, the GOP presidential hopeful said:

“Actually, just look at what Osam — Barack Obama — said just yesterday. Barack Obama, calling on radicals, jihadists of all different types, to come together in Iraq. That is the battlefield. … It’s almost as if the Democratic contenders for president are living in fantasyland. Their idea for jihad is to retreat, and their idea for the economy is to also retreat. And in my view, both efforts are wrongheaded.”

Romney apparently was referring to an audiotape aired Monday in which a speaker believed to be terrorist Osama bin Laden called for insurgents in Iraq to unite and avoid divisions. The authenticity of the tape aired on Al-Jazeera television could not be immediately confirmed … etc., etc.

There is never a dull moment when you ‘blog for Team Romney. Everyone should try it!—it’s fun, safe, healthy, and provides hours and hours of quality entertainment. And, in some small way, you just might help save this troubled republic of ours from the Romneys.

“I am seeing a lot of conservatives out there buying some ridiculous spin about this weekend’s straw poll,” writes a cranky Charles Mitchell in a transparent attempt to spin the latest Romney debacle titled, petulantly, YOU GUYS DON’T GET IT

Given the state of the Huckabee campaign, I don’t think they can get the credit; more likely, all Governor Romney’s rivals are deploying their press teams to try and deny him a victory.

Basically, people are saying that Governor Romney got swamped by the people who actually attended the FRC conference. Now, in point of fact, I do not contest that Governor Huckabee did get more votes from the people with whom we spent this weekend. But some folks are blowing this way out of proportion, claiming that the published margin of “on-site” votes invalidates Governor Romney’s victory in the total margin …

… I’d bet you a jelly donut that a disproportionate number of Romney voters clicked over from that e-mail and voted right away. Why? Well frankly, I saw the folks at this conference, and many of the folks who were voting for Huckabee weren’t exactly computer savvy. That’s not a slam on them–good for them for not spending all their time on blogs!–but it would contribute to more Huckabee votes being cast at the event … etc., etc.

Huckabee supporters are computer illiterates argues Mitchell? Let us set aside the desperation, dejection, and ugly tone of condescension that taints this bizarre claim. (Way to reach out to Huckabee supporters, you super-geniuses!) The confound in the data that Mitchell argues for makes Huckabee’s online numbers—almost as many as Romney—even more significant. Erick of Redstate writes:

In the online poll that the Romney campaign pushed hard to win, he only managed to get thirty more votes than Mike Huckabee — 1595 to 1565 or 27.62% to 27.10% … etc., etc.

The consensus is that Huckabee ruled the event—you can read about it here: